LEN Lennar Corp

NEW YORK, Feb. 6, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:

• S&P SmallCap 600 constituent Boyd Gaming Corp. (NYSE:BYD) will replace CalAtlantic Group Inc. (NYSE:CAA) in the S&P MidCap 400, and Ring Energy Inc. (NYSE American:REI) will replace Boyd Gaming in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, February 13. S&P 500 constituent Lennar Corp. (NYSE:LEN) is acquiring CalAtlantic Group in a deal expected to be completed on or about February 12 pending final approvals.
• James River Group Holdings Ltd. (NASD:JRVR) will replace Barracuda Networks Inc. (NYSE:CUDA) in the S&P SmallCap 600 effective prior to the open of trading on Monday, February 12. Thoma Bravo is acquiring Barracuda Networks in a deal expected to be completed on or about that date pending final conditions.
• EVERTEC Inc. (NYSE:EVTC) will replace Sucampo Pharmaceuticals Inc. (NASD:SCMP) in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, February 14. S&P 500 constituent Mallinckrodt plc (NYSE:MNK) is acquiring Sucampo Pharmaceuticals in a deal expected to be completed on or about that date pending final conditions.

Boyd Gaming is a diversified owner and operator of gaming entertainment properties.  Headquartered in Las Vegas, NV, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Casinos & Gaming Sub-Industry index.

Ring Energy is an oil and gas exploration, development and production company.  Headquartered in Midland, TX, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Exploration & Production Sub-Industry index.

James River Group Holdings owns and operates a group of specialty insurance and reinsurance companies.  Headquartered in Pembroke, Bermuda, the company will be added to the S&P SmallCap 600 GICS Property & Casualty Insurance Sub-Industry index.

EVERTEC is a full-service transaction processing company that provides a broad range of merchant acquiring, payment processing and business solutions services.  Headquartered in San Juan, PR, the company will be added to the S&P SmallCap 600 GICS Data Processing & Outsourced Services Sub-Industry index.

Following is a summary of the changes:

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FOR MORE INFORMATION:

David Blitzer

Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com

S&P Dow Jones Indices
index_services@spglobal.com

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SOURCE S&P Dow Jones Indices